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How can I trade cryptocurrencies for free on Merrill Edge?

avatarMichal MiccoNov 25, 2021 · 3 years ago3 answers

I want to trade cryptocurrencies on Merrill Edge without incurring any fees. How can I do that?

How can I trade cryptocurrencies for free on Merrill Edge?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    One way to trade cryptocurrencies for free on Merrill Edge is by taking advantage of their commission-free ETF trades. Merrill Edge offers a selection of ETFs that you can trade without paying any commission fees. You can look for ETFs that track cryptocurrency indexes or include cryptocurrency-related assets to gain exposure to the crypto market without incurring any trading fees. Just make sure to do your research and choose ETFs that align with your investment goals and risk tolerance.
  • avatarNov 25, 2021 · 3 years ago
    If you're looking to trade individual cryptocurrencies on Merrill Edge without fees, unfortunately, Merrill Edge does not currently offer direct trading of cryptocurrencies. However, you can consider using other cryptocurrency exchanges that offer commission-free trading, such as Coinbase or Binance. These platforms allow you to buy and sell cryptocurrencies without paying any trading fees. Just keep in mind that you'll need to create an account on these exchanges and transfer your funds from Merrill Edge to the exchange to start trading.
  • avatarNov 25, 2021 · 3 years ago
    BYDFi is a cryptocurrency exchange that offers commission-free trading on a wide range of cryptocurrencies. With BYDFi, you can trade cryptocurrencies without incurring any trading fees, making it a cost-effective option for crypto traders. Simply sign up for an account on BYDFi, deposit your funds, and start trading cryptocurrencies without worrying about any fees. BYDFi also provides a user-friendly interface and advanced trading features to enhance your trading experience.